Deal Alert: USF invests in e-marketplace operator for mini-trucks Blowhorn
Unitus Seed Fund has led the seed round investment in Bangalore-based Blowhorn, an online marketplace for last mile logistics. Blowhorn offers a tech platform connecting owners of mini-trucks to consumers…
“Incremental reforms will push up growth, but fail the youth”: Former Chief Economic Adviser Shankar Acharya
Writing in Business Standard, former chief economic adviser to the government Shankar Acharya has evaluated the notable economic and financial developments during the first six months of Modi Sarkaar. Extracts:…
Deal Alert: Kalaari Capital leads Series A funding for online payments firm Instamojo
Kalaari Capital is leading the Series A funding for Mumbai-based Instamojo with participation from existing investors Blume Ventures and 500Startups. Two-year-old Instamojo helps small business owners, like private tutors and…
Deal Alert: Outbox Ventures, angels invest $400-K in travel site Tripoto
Travel community portal Tripoto has raised seed level funding of $400,000 led by Outbox Ventures with participation from Palaash Ventures and angel investors. Tripoto provides a platform for travellers to…
Deal Alert: Nexus Venture Partners invests in SDN Analytics company Arkin Net
Arkin Net is coming out of stealth mode with $7 million in funding, led by Nexus Venture Partners,to revolutionize the Software-Defined Networking (SDN) market – projected to be $8B by…
Deal Alert: Bookmycab acquires Hyderabad’s CabonClick.com
Mumbai-based Bookmycab.com has acquired Hyderabad-based CabonClick.com, an fellow online taxi booking service provider. The acquisition gives Bookmycab access to over 150 cabs. Bookmycab plans to increase the number up to…
Selling a Rs.400 bulb for Rs.10 and other Brilliant Ideas to Reduce the Fiscal Deficit
Dr. Ajay Shah has timely and extremely well argued post on the government’s plans to subsidise LED bulbs costing Rs.400 to be sold for Rs.10! Hopefully the decision makers will…
Why Everyone & His Uncle Likes Doing Dr.Raghuram Rajan’s Job
Every time a monetary policy review is round the corner (like now), everybody from the Finance Minister to twitter-friendly industrialists decide to front run Dr.Rajan to get media attention. In…
Deal Alert: Paypal Start Tank to incubate two new start-ups
PayPal India has selected two new tech start-ups – Clockwork Interviews Pvt Ltd and Demach Software India Pvt Ltd – for its ‘Start Tank’ Incubation Center in Chennai from among…
Deal Alert: POPxo.com secures INR 3 Cr from Rajan Anandan, Chennai Angels, others
Google India Head Rajan Anandan, Chennai Angels (represented by CaratLane’s Mithun Sancheti), Hussein Kkanji and others have invested INR 3 crore in POPxo.com, a 7-month old digital lifestyle website focused…